Forbes reports that Jay-Z increased his net worth from $810 million (£589 million) to $900 million (£654 million) over the past year. This is apparenty thanks to the rising value of his interests in Armand de Brignac champagne and D’Ussé cognac, as well as his huge stakes in Roc Nation and Tidal.

Diddy wasn’t knocked far from the top spot, as he ranks at number two, with $825 million (£599 million).

Dr Dre is in the third spot, with a net worth of $770 million (£559 million). His increasing wealth is thanks to a nine-figure windfall from Apple’s $3 billion buyout of Beats in 2014.

Jay-Z raises a glass, probabaly to celebrate being rich

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Wealth drops dramatically after the top three, with Drake and Eminem tying fourth and fifth place, with a net worth of $100 million (£73 million) each.